Market Snapshot:
Immersive collaborative platform is the tool that combines the latest technological advances with real-time collaboration practices bringing professionals together in an online platform. It allows communication, work together effectively regardless of any physical geographical separation. This platform offers a mixed reality experience enabling people to interact with each other in person. An immersive collaborative platform helps conduct training hosting important events. It utilizes immersive technologies like virtual reality (VR), augmented reality (AR), mixed reality (MR), digital twin technology and others.
Highlights from Immersive Collaborative Platform Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 20.3% |
The key Players profiled in the report are Accenture plc (Ireland), Baslinez (Netherlands), AltspaceVR (Microsoft) (United States), 3D Immersive Collaboration Corp (United States), Wild Technology, Inc. (United States), Dreamscape Immersive (United States), Masters of Pie (United Kingdom) and RealVR INC. (United Kingdom). Additionally, other players that are part of this comprehensive study are MeetinVR (Denmark) and Virbela (United States).
Geographic Breakdown and Segment Analysis
The Global Immersive Collaborative Platform market presents a comprehensive analysis of the Immersive Collaborative Platform market by end-user/application (Small-medium Business and Large Size Business), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Immersive Collaborative Platform industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Immersive Collaborative Platform market
Analyst at AMA have segmented the market study of Global Immersive Collaborative Platform market by Type, Application and Region.
Influencing Trend:
Integration of 3D Visualization Tools in the Immersive Collaborative Platform
Market Growth Drivers:
Permanent Shift to Remote Work Environment in Bussiness Across the Region Due to Pandemic and Demand for Immersive Technologies in Various Commercial Operations
Challenges:
Lack of Acceptance and Awareness about Immersive Collaboration Platform
Restraints:
Regulatory Compliances with the Technologies used in Immersive Collaboration Platform
Opportunities:
Surging Demand for the VR Metaverse in Future of Immersive Enterprise Workforce will Boost the Immersive Collaboration Platform Market
Market Developments Activities:
In February 2021, VR/AR collaboration platform The Wild announced its official acquisition of Prospect by IrisVR. IrisVR was the first VR software on the market for architecture, engineering, and construction (AEC) professionals. and On 1st December 2021, Dreamscape Immersive announced it has licensed the technology behind Zoe Immersive's 3D creation platform. Dreamscape will leverage the Zoe technology to build cutting-edge collaborative VR experiences, such as virtual classrooms, immersive training exercises, and remote conferencing capabilities.
In August 2021, RealVR.ai introduces Villa - Immersive Team Collaboration Platform. Villa is an immersive total workforce collaboration platform by RealVR.ai, where professionals meet virtually in photorealistic settings to 3D chat with surround sound, Share presentations from an Italian seaside Villa, and others.
Regulatory Insights:
"Mitigation approaches for privacy risks from observable data focus on user control of how and when this data is viewed and distributed, securing this data against unauthorized access, and establishing laws and regulations that protect against misuse or involuntary distribution of observable data. Finally, laws and regulations can protect users against possible harms from the misuse of observed data. There are laws in place that prohibit discrimination against certain protected classes, regardless of how the discriminating party discovered details about an individual. Although the technology itself may be unique, AR/VR devices and applications are already subject to a number of laws and regulations governing individual privacy and user data in the United States."
Key Target Audience
Immersive Collaborative Platform Developers, Immersive Collaborative Platform Industry Verticals, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others